Stocks fluctuated throughout much of the trading session on Friday but managed to end the day on the upside due to some late-day buying interest. The gains on the day partly offset the losses posted in the four previous sessions.
U.S. crude oil snapped a five-day gain to end sharply lower Friday, on speculation that concerns over the Yemen military operations may be overdone. Crude oil prices surged during the week amid concerns of disruption in oil shipment from the Middle East after Saudi Arabia launched air strikes on Yemen.
After enduring hours of votes on numerous amendments, the Senate narrowly voted early Friday morning to approve the budget plan put forth by Republicans. The Senate voted 52 to 46 in favor the GOP budget proposal, with the vote largely coming down along party lines.
Dr. Patrick Moore, a lobbyist for Monsanto Company (MOS), during an interview claimed that the chemical used in the company's weed killer "Roundup" was safe for humans to drink. However, Moore refused to drink it when the interviewer offered some.
During an interview with French cable channel Canal+,...
Gold futures snapped a seven-day winning streak to end lower on Friday, as investors opted for the riskier equity assets after some mixed economic data from the U.S., and notwithstanding a fluctuating dollar.
Nonetheless, gold futures for the week gained about 1 percent.
The precious metal continued...
A February 2014 explosion of a drum containing nuclear waste was due to chemically incompatible contents, mainly kitty litter used as absorbents, shows a report by the U.S. Department of Energy.
Comcast Corp.'s (CMCSA) proposed acquisition of Time Warner Cable, Inc. (TWC) is not expected to close until the middle of this year, as the deal is stuck in regulatory limbo.
"Given the FCC's recent decision to pause the shot clock, we have recently reassessed the time frame when we expect the government's...
Online retail giant Amazon.com Inc. (AMZN) is reportedly in talks to buy luxury online fashion retailer Net-a-Porter.
The news of acquisition was first reported by Women's Wear Daily, which said the deal would be completed for about 2 billion euros, indicating the biggest acquisition yet by Amazon....
Tim Cook, the CEO of tech giant Apple Inc., in an interview said he intends to give away all his wealth to charity.
Cook, in an interview to Fortune, said he plans to donate all his wealth to philanthropic projects after paying for his 10-year old nephew's college education. According to Fortune,...
After seeing volatility in early trading, stocks have moved modestly higher over the course of the trading day on Friday. The gains on the day have partly offset the losses posted in the four previous sessions.
The global average connection speed for Internet and Broadband increased 20 percent to 4.5 Mbps for the fourth quarter, 2014 while the global average peak connection speed was up 16 percent to 26.9 Mbps. U.S. had average connection speed of 11.1 Mbps, with a peak speed of 49.4 Mbps. Canada had average speed of 10.7 Mbps, while its peak speed was 46.3 Mbps.
Cruise operator Carnival Corp. & plc on Friday reported a turnaround to profit in the first quarter, reflecting lower operating costs that more than offset a decline in revenue. Adjusted earnings per share topped analysts' expectations, while quarterly revenues missed their estimates. Looking ahead, the company forecast earnings for the second quarter below Street expectations.
After moving notably lower over the past few sessions, stocks are turning in a lackluster performance in early trading on Friday. The major averages have pulled back near the unchanged line after seeing initial strength.
Consumer sentiment in the U.S. deteriorated by less than previously estimated in the month of March, according to a report released by the University of Michigan on Friday. The report showed that the final reading on the consumer sentiment index for March came in at 93.0.
Video-game retailer GameStop Corp., which is grappling with lower sales at its core video games business, plans to expand its Technology Brands segment that provides growth opportunities in the consumer electronics and wireless markets. The Technology Brands segment includes stores that sell AT&T wireless plans and Apple products.